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Nifty Observations

What is the Nifty Price to Book telling us

Jayant Manglik of Religare Securities recently wrote an article where he predicts that Nifty will cross 6600 by Dec this year.In the article, he states “our valuations are reasonable. Nifty price to book is at multi-year lows,”

I thought it would be interesting to see how the Nifty P/B fared over the years:

The current P/B of 3.07 is is certainly higher than the 5 year low hit on 27 Oct, 2008 when it was 2.12.The current P/B is however is slightly lower than the 5 Year average of 3.28 and 5 Year Median of 3.3

 

 

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5Stocks

5 Stocks that have gained by more than 25% in first half of June 2013

This post is in continuation of my 5 Stocks Series (see here)

5 Stocks that have gained by more than 25% in first half of June 2013 is given in the table below:

Symbol Close on 31 May,2013 Close on 14 June,2013 Gain
LOKESHMACH 20.8 26.3 26.44%
WELPROJ 13.2 18 36.36%
CINEMAXIN 102.1 144.2 41.23%
MAHINDFORG 43.55 66.85 53.50%
MAHINDUGIN 41.95 65.25 55.54%
Categories
InvestorPresentations

Investor Presentation:HUL FY 2013

This post is in continuation of my Investor Presentation Series (see here)

[gview file=”https://alphaideas.in/wp-content/uploads/2013/06/MQ13-FY12-13-Presentation_tcm114-354208.pdf”]

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Infographics

Infographic:The greatest heists in history

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Video

Investors flee as Fed prepares exit